Bitcoin Bears Dominate Futures Market as Selling Pressure Hits Three-Month High
Analysis
Price Impact
HighThe article highlights strong bearish sentiment in the bitcoin futures market, with selling pressure reaching a three-month high and funding rates remaining extremely negative. this indicates a significant dominance of short traders over long traders, suggesting a potential for further price declines.
Trustworthiness
HighThe article cites data from an on-chain analytics platform (cryptoquant) and mentions specific metrics like funding rates and open interest (oi), including a specific increase on cme. this provides concrete evidence for the analysis.
Price Direction
BearishThe persistent negative funding rates, coupled with increased selling pressure and aggressive sell orders outweighing buy activities, strongly suggest a bearish trend for bitcoin in the short to medium term.
Time Effect
ShortThe mention of 'three-month high' for selling pressure and the recent 24-hour increase in open interest point towards a more immediate impact on price movements, rather than long-term structural changes.
Original Article:
Article Content:
Cover image via U.Today Add as a preferred source on Google News Bitcoin funding rate remains extremely negative Bitcoin OI recovers 1.48% Advertisement The Bitcoin derivatives market has become increasingly dominated by bearish traders as it has continued to move in favor of them, with short traders gaining more profits against long traders. Amid prolonged crypto market volatility, selling pressure has climbed to its highest level in three months as funding rates increasingly dive deep into negative territory. Bitcoin funding rate remains extremely negative According to data provided by the Onchain analytics platform, Bitcoin is seen hovering between $62,000 and $68,000, pushing its funding rates to remain firmly negative, reflecting persistent downside sentiment. HOT Stories Morning Crypto Report: Cardano (ADA) Listed on Bitstamp Singapore, Peter Brandt Skeptical of $150K Bitcoin Target, Dogecoin Price Confirms 'Death Cross' on Weekly DOGE Chart Ripple's CTO Emeritus Shuts Down 'Nonsensical' Centralization Accusations Source: Cryptoquant This suggests that bears have dominated the Bitcoin futures market since July 2025, with aggressive sell orders outweighing buy activities across the market. Advertisement With Bitcoin’s current price, the asset has declined massively from the previous local bottom it achieved near the $80,000 level, where funding rates were largely positive, indicating stronger long positioning at the time. You Might Also Like Tue, 02/24/2026 - 16:16 Adam Back Sees Silver Lining in Massive Bitcoin Price Plunge By Alex Dovbnya Nonetheless, the massive switch in market sentiment has significantly changed the market structure, with bearish conviction increasingly overpowering bullish attempts despite the brief recovery signs. Further charts showcased by the platform reveals that the futures market has operated under elevated leverage for about 16 months. Nonetheless, since Bitcoin’s last all-time high, excessive leverage has been steadily unwinding. Advertisement As such, the recent wave of price declines has forced liquidations and capitulation among overleveraged traders, contributing to what analysts describe as a “leverage reset.” Bitcoin OI recovers 1.48% Amid the broad awakening of bearish traders, Bitcoin OI has continued to decline over the past few months. However, the crypto market is seeing broad resurgence, which has extended to the derivatives market, with Bitcoin open interest showing a mild increase of 1.48% over the last 24 hours. Bitcoin traders on CME showed some of the greatest interest as the asset’s open interest on the exchange surged by 6.61% over the period. #Bitcoin #Bitcoin Price Prediction #CME Group news